Travis Perkins Future Growth
Future criteria checks 3/6
Travis Perkins is forecast to grow earnings and revenue by 80.4% and 2.6% per annum respectively. EPS is expected to grow by 89.5% per annum. Return on equity is forecast to be 5.2% in 3 years.
Key information
80.4%
Earnings growth rate
89.54%
EPS growth rate
| Trade Distributors earnings growth | 13.6% |
| Revenue growth rate | 2.6% |
| Future return on equity | 5.22% |
| Analyst coverage | Good |
| Last updated | 25 Jul 2026 |
Recent future growth updates
Recent updates
Narrative Update • Jun 30
TPK: Rebased P/E Assumptions And Dividend Strength Will Support Future Upside
Analysts have trimmed their price targets for Travis Perkins, with recent research indicating cuts of £50 to £55 per share. This reflects updated views on revenue growth, margins and appropriate P/E levels for the stock.
Narrative Update • Jun 16
TPK: Lower Discount Rate And Dividend Reset Will Drive Future Rerating Potential
Analysts have trimmed their price targets on Travis Perkins, with a blended target now around £6.55, down from about £6.62. This reflects slightly adjusted assumptions on discount rates, revenue growth, profit margins and future P/E following recent updates from major banks.
Narrative Update • Jun 02
TPK: Higher Discount Rate Will Constrain Future Upside After Repeated Price Objective Cuts
Analysts have trimmed the price target on Travis Perkins, with the updated fair value moving from £4.81 to £4.43. This reflects revised assumptions around revenue growth, profit margins, discount rates and a lower future P/E, alongside recent target cuts from £7.40 to £6.85 and from £6.80 to £6.30 in Street research.Narrative Update • May 13
TPK: Higher Future P/E Assumptions Will Drive Rerating Potential
Analysts have trimmed their fair value estimate for Travis Perkins to £6.62 from £6.96, reflecting a mix of lower and higher price targets on the stock as recent research updates factor in a higher discount rate, softer revenue growth and margin assumptions, and a higher future P/E multiple. Analyst Commentary Recent research shows both optimism and caution around Travis Perkins, with price targets adjusted in different directions and analysts focusing on how execution lines up with valuation.Narrative Update • Apr 28
TPK: Higher Discount Rate Will Limit Upside Despite Recent Price Objective Changes
Analysts have trimmed their blended price target for Travis Perkins by £0.26 per share. This reflects updated views on a slightly higher discount rate, more muted revenue growth expectations, and modestly adjusted valuation assumptions.Narrative Update • Apr 12
TPK: Higher Discount Rate And Lower Future P/E Will Pressure Upside Potential
Narrative Update on Travis Perkins The updated analyst price target for Travis Perkins reflects a mixed set of recent calls, with one major cut of £0.32, alongside increases to £8.60 and an additional £0.50, as analysts factor in adjusted discount rates, revenue growth assumptions and P/E expectations. Analyst Commentary Recent research on Travis Perkins points to a split in sentiment, with some bullish adjustments to price targets alongside a clear pocket of caution.Narrative Update • Mar 29
TPK: Mixed Broker Signals And Leadership Change Will Shape Margin Recovery Prospects
Travis Perkins' updated fair value estimate has edged down from £5.30 to £5.07, reflecting analysts' mixed price target moves around £8.60 and recent adjustments to growth, margin and P/E expectations. Analyst Commentary Recent Street research on Travis Perkins points to a mixed backdrop, with some supportive moves on price targets but also fresh caution from major houses.Narrative Update • Feb 15
TPK: Discount Rate And Margin Assumptions Will Shape Fairly Valued Earnings Power
Analysts have modestly adjusted their price targets for Travis Perkins, with changes reflecting updated views on discount rates, long term revenue growth and profit margins, set against mixed Street research that includes both a £0.08 reduction and a £0.50 increase in targets from different firms. Analyst Commentary Bullish analysts have focused on how revised discount rates, revenue assumptions and margin expectations feed through to valuation, leading to both upward and downward adjustments in price targets.Narrative Update • Feb 01
TPK: Refined Discount Rate And Margins Will Support Higher Future P/E
Analysts have adjusted their price targets for Travis Perkins, with recent moves including a £0.50 increase from one firm and a £0.08 reduction from another. These changes reflect updated views on discount rate, revenue growth, profit margin and future P/E assumptions.Narrative Update • Jan 18
TPK: New Leadership Appointment Will Support Improved Profitability Outlook
Analysts have lowered their fair value estimate for Travis Perkins from £8.65 to £7.70, citing slightly lower assumed revenue growth and P/E, along with a modest adjustment to the discount rate and profit margin outlook. What's in the News Gavin Slark has joined the Board of Travis Perkins PLC as Chief Executive Officer, effective January 1, 2026 (Key Developments).Analysis Article • Dec 09
Pinning Down Travis Perkins plc's (LON:TPK) P/S Is Difficult Right Now
With a median price-to-sales (or "P/S") ratio of close to 0.6x in the Trade Distributors industry in the United...Analysis Article • Nov 15
Is Travis Perkins (LON:TPK) Using Too Much Debt?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Analysis Article • Oct 20
Is Now The Time To Look At Buying Travis Perkins plc (LON:TPK)?
Travis Perkins plc ( LON:TPK ), might not be a large cap stock, but it saw a decent share price growth of 16% on the...Analysis Article • Sep 27
A Look At The Fair Value Of Travis Perkins plc (LON:TPK)
Key Insights The projected fair value for Travis Perkins is UK£6.42 based on 2 Stage Free Cash Flow to Equity Travis...Analysis Article • Aug 30
Shareholders Should Be Pleased With Travis Perkins plc's (LON:TPK) Price
With a median price-to-sales (or "P/S") ratio of close to 0.7x in the Trade Distributors industry in the United...Analysis Article • Aug 08
Travis Perkins (LON:TPK) Is Reducing Its Dividend To £0.045
Travis Perkins plc's ( LON:TPK ) dividend is being reduced by 18% to £0.045 per share on 7th of November, in comparison...Analysis Article • Jun 20
Should You Investigate Travis Perkins plc (LON:TPK) At UK£6.09?
While Travis Perkins plc ( LON:TPK ) might not have the largest market cap around , it received a lot of attention from...Analysis Article • May 30
Travis Perkins plc's (LON:TPK) Share Price Could Signal Some Risk
It's not a stretch to say that Travis Perkins plc's ( LON:TPK ) price-to-sales (or "P/S") ratio of 0.3x right now seems...New Narrative • May 06
Local Business Focus And Oracle Financials Will Drive Future Success
Refocusing on entrepreneurial operations and exiting non-performing businesses is expected to boost market share and profitability.Analysis Article • Apr 30
Is Travis Perkins plc (LON:TPK) Trading At A 27% Discount?
Key Insights The projected fair value for Travis Perkins is UK£7.57 based on 2 Stage Free Cash Flow to Equity Travis...Analysis Article • Apr 03
Here's Why Travis Perkins (LON:TPK) Has A Meaningful Debt Burden
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Analysis Article • Feb 03
Travis Perkins plc's (LON:TPK) Share Price Not Quite Adding Up
It's not a stretch to say that Travis Perkins plc's ( LON:TPK ) price-to-sales (or "P/S") ratio of 0.3x right now seems...Analysis Article • Jan 08
Is Travis Perkins plc (LON:TPK) Trading At A 29% Discount?
Key Insights Using the 2 Stage Free Cash Flow to Equity, Travis Perkins fair value estimate is UK£9.76 Travis Perkins...Analysis Article • Dec 01
Is Now An Opportune Moment To Examine Travis Perkins plc (LON:TPK)?
Travis Perkins plc ( LON:TPK ), might not be a large cap stock, but it received a lot of attention from a substantial...Analysis Article • Sep 25
Travis Perkins (LON:TPK) Will Pay A Dividend Of £0.055
Travis Perkins plc ( LON:TPK ) has announced that it will pay a dividend of £0.055 per share on the 8th of November...Analysis Article • Sep 11
Travis Perkins (LON:TPK) Will Pay A Dividend Of £0.055
Travis Perkins plc ( LON:TPK ) will pay a dividend of £0.055 on the 8th of November. This means that the annual payment...Analysis Article • Sep 10
Calculating The Intrinsic Value Of Travis Perkins plc (LON:TPK)
Key Insights Using the 2 Stage Free Cash Flow to Equity, Travis Perkins fair value estimate is UK£10.67 Current share...Analysis Article • Aug 23
Travis Perkins (LON:TPK) Has Announced A Dividend Of £0.055
Travis Perkins plc's ( LON:TPK ) investors are due to receive a payment of £0.055 per share on 8th of November. This...Analysis Article • Aug 09
Travis Perkins (LON:TPK) Is Due To Pay A Dividend Of £0.055
Travis Perkins plc's ( LON:TPK ) investors are due to receive a payment of £0.055 per share on 8th of November. This...Analysis Article • Aug 03
Risks To Shareholder Returns Are Elevated At These Prices For Travis Perkins plc (LON:TPK)
With a median price-to-sales (or "P/S") ratio of close to 0.9x in the Trade Distributors industry in the United...Analysis Article • May 21
At UK£8.46, Is It Time To Put Travis Perkins plc (LON:TPK) On Your Watch List?
Travis Perkins plc ( LON:TPK ), is not the largest company out there, but it led the LSE gainers with a relatively...Analysis Article • May 01
Travis Perkins plc's (LON:TPK) Revenues Are Not Doing Enough For Some Investors
Travis Perkins plc's ( LON:TPK ) price-to-sales (or "P/S") ratio of 0.3x may look like a pretty appealing investment...Analysis Article • Apr 10
Is Travis Perkins (LON:TPK) Using Too Much Debt?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...Analysis Article • Mar 15
Travis Perkins plc Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Shareholders might have noticed that Travis Perkins plc ( LON:TPK ) filed its full-year result this time last week. The...Analysis Article • Mar 13
Some Investors May Be Willing To Look Past Travis Perkins' (LON:TPK) Soft Earnings
Soft earnings didn't appear to concern Travis Perkins plc's ( LON:TPK ) shareholders over the last week. Our analysis...Analysis Article • Jan 24
A Look At The Intrinsic Value Of Travis Perkins plc (LON:TPK)
Key Insights The projected fair value for Travis Perkins is UK£7.30 based on 2 Stage Free Cash Flow to Equity Current...Analysis Article • Dec 30
Travis Perkins plc's (LON:TPK) Business And Shares Still Trailing The Market
Travis Perkins plc's ( LON:TPK ) price-to-earnings (or "P/E") ratio of 11.9x might make it look like a buy right now...Analysis Article • Dec 08
Is Travis Perkins (LON:TPK) Using Too Much Debt?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Analysis Article • Oct 14
Estimating The Fair Value Of Travis Perkins plc (LON:TPK)
Key Insights The projected fair value for Travis Perkins is UK£8.04 based on 2 Stage Free Cash Flow to Equity Travis...Analysis Article • Sep 25
What Is Travis Perkins plc's (LON:TPK) Share Price Doing?
Travis Perkins plc ( LON:TPK ), is not the largest company out there, but it received a lot of attention from a...Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2028 | 4,931 | 92 | 86 | 233 | 12 |
| 12/31/2027 | 4,756 | 73 | 70 | 215 | 15 |
| 12/31/2026 | 4,580 | 51 | 72 | 212 | 15 |
| 12/31/2025 | 4,565 | -176 | 298 | 375 | N/A |
| 9/30/2025 | 4,561 | -103 | 251 | 327 | N/A |
| 6/30/2025 | 4,558 | -30 | 149 | 224 | N/A |
| 3/31/2025 | 4,583 | -35 | 150 | 223 | N/A |
| 12/31/2024 | 4,607 | -41 | 205 | 277 | N/A |
| 6/30/2024 | 4,714 | 45 | 114 | 230 | N/A |
| 3/31/2024 | 4,775 | 67 | 99 | 224 | N/A |
| 12/31/2023 | 4,837 | 90 | 85 | 218 | N/A |
| 9/30/2023 | 4,897 | 92 | 159 | 289 | N/A |
| 6/30/2023 | 4,932 | 146 | 234 | 360 | N/A |
| 3/31/2023 | 4,964 | 169 | 176 | 308 | N/A |
| 12/31/2022 | 4,995 | 192 | 117 | 256 | N/A |
| 9/30/2022 | 4,909 | 220 | 17 | 166 | N/A |
| 6/30/2022 | 4,822 | 247 | -83 | 75 | N/A |
| 3/31/2022 | 4,705 | 244 | 41 | 202 | N/A |
| 12/31/2021 | 4,587 | 241 | 165 | 329 | N/A |
| 9/30/2021 | 4,457 | 195 | 210 | 357 | N/A |
| 6/30/2021 | 4,327 | 150 | 256 | 385 | N/A |
| 3/31/2021 | 4,012 | 57 | 320 | 435 | N/A |
| 12/31/2020 | 3,698 | -36 | 384 | 486 | N/A |
| 9/30/2020 | 4,419 | -5 | 450 | 559 | N/A |
| 6/30/2020 | 5,141 | 25 | 516 | 633 | N/A |
| 3/31/2020 | 6,048 | 73 | 376 | 501 | N/A |
| 12/31/2019 | 6,956 | 121 | 236 | 369 | N/A |
| 9/30/2019 | 7,295 | 94 | N/A | 336 | N/A |
| 6/30/2019 | 7,634 | 67 | N/A | 303 | N/A |
| 3/31/2019 | 7,187 | -9 | N/A | 276 | N/A |
| 12/31/2018 | 6,741 | -86 | N/A | 250 | N/A |
| 9/30/2018 | 6,272 | -65 | N/A | 234 | N/A |
| 6/30/2018 | 5,803 | -44 | N/A | 219 | N/A |
| 3/31/2018 | 6,118 | 94 | N/A | 253 | N/A |
| 12/31/2017 | 6,433 | 233 | N/A | 287 | N/A |
| 9/30/2017 | 6,379 | 121 | N/A | 336 | N/A |
| 6/30/2017 | 6,325 | 9 | N/A | 385 | N/A |
| 3/31/2017 | 6,271 | 11 | N/A | 376 | N/A |
| 12/31/2016 | 6,217 | 13 | N/A | 367 | N/A |
| 9/30/2016 | 6,165 | 96 | N/A | 306 | N/A |
| 6/30/2016 | 6,112 | 179 | N/A | 246 | N/A |
| 3/31/2016 | 6,027 | 173 | N/A | 264 | N/A |
| 12/31/2015 | 5,942 | 168 | N/A | 283 | N/A |
| 9/30/2015 | 5,867 | 215 | N/A | 248 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TPK is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (3.4%).
Earnings vs Market: TPK is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: TPK is expected to become profitable in the next 3 years.
Revenue vs Market: TPK's revenue (2.6% per year) is forecast to grow slower than the UK market (4.7% per year).
High Growth Revenue: TPK's revenue (2.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TPK's Return on Equity is forecast to be low in 3 years time (5.2%).
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/27 09:46 |
| End of Day Share Price | 2026/07/27 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Travis Perkins plc is covered by 34 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Paul Daniel Checketts | Barclays |
| Rajesh Patki | Barclays |
| Emily Biddulph | Barclays |